Celanese Competitors
| CE Stock | USD 55.48 0.60 1.09% |
Celanese vs H B Correlation
Very poor diversification
The correlation between Celanese and FUL is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Celanese and FUL in the same portfolio, assuming nothing else is changed.
Moving together with Celanese Stock
Moving against Celanese Stock
| 0.77 | NANO | Nano One Materials | PairCorr |
| 0.75 | UT8 | Uber Technologies | PairCorr |
| 0.73 | FSI | Flexible Solutions | PairCorr |
| 0.59 | GIN1 | Givaudan SA | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Celanese's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Celanese Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Celanese and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Celanese and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Celanese does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Celanese Stock performing well and Celanese Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Celanese's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BCPC | 1.02 | 0.14 | 0.13 | 0.24 | 0.79 | 3.26 | 7.13 | |||
| SXT | 1.26 | 0.03 | 0.02 | 0.12 | 1.56 | 2.90 | 9.53 | |||
| CBT | 1.61 | 0.13 | 0.07 | 0.19 | 1.85 | 4.36 | 13.59 | |||
| SSL | 2.47 | 0.20 | 0.05 | 0.30 | 3.48 | 5.96 | 18.92 | |||
| TMC | 5.86 | 0.06 | 0.03 | 0.10 | 6.83 | 13.46 | 37.07 | |||
| HWKN | 1.62 | (0.03) | (0.01) | 0.06 | 2.58 | 3.39 | 14.80 | |||
| ORLA | 3.36 | 0.69 | 0.13 | 0.91 | 4.28 | 7.66 | 27.40 | |||
| ASH | 1.70 | 0.39 | 0.24 | 0.53 | 1.23 | 5.71 | 13.67 | |||
| SSRM | 2.81 | 0.07 | 0.02 | 0.14 | 4.26 | 6.82 | 27.20 | |||
| FUL | 1.36 | 0.14 | 0.09 | 0.20 | 1.37 | 3.51 | 8.23 |
Cross Equities Net Income Analysis
Compare Celanese and related stocks such as Balchem, Sensient Technologies, and Cabot Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BCPC | 400 K | 38.8 M | 40 M | 44.9 M | 52.8 M | 59.7 M | 56 M | 90.1 M | 78.6 M | 79.7 M | 84.6 M | 96.1 M | 105.4 M | 108.5 M | 128.5 M | 147.7 M | 155.1 M |
| SXT | 17.4 M | 120.5 M | 123.9 M | 113.3 M | 73.6 M | 106.8 M | 126.3 M | 89.6 M | 157.4 M | 82 M | 109.5 M | 118.7 M | 140.9 M | 93.4 M | 124.7 M | 143.4 M | 85.5 M |
| CBT | 58.6 M | 389 M | 155 M | 201 M | (331 M) | 149 M | 241 M | (113 M) | 157 M | (238 M) | 250 M | 209 M | 445 M | 380 M | 331 M | 380.6 M | 399.7 M |
| SSL | 1.5 B | 23.6 B | 26.3 B | 29.6 B | 29.7 B | 13.2 B | 20.4 B | 8.7 B | 3.4 B | (91.8 B) | 9 B | 39 B | 21.5 B | (44.3 B) | 6.8 B | 6.1 B | 6.3 B |
| TMC | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (56.6 M) | (141.3 M) | (171 M) | (73.8 M) | (81.9 M) | (73.7 M) | (77.4 M) |
| HWKN | 1.4 M | 22.7 M | 17.1 M | 18.1 M | 19.2 M | 18.1 M | 22.6 M | (9.2 M) | 24.4 M | 28.4 M | 41 M | 51.5 M | 60 M | 75.4 M | 84.3 M | 97 M | 101.8 M |
| ORLA | (107.4 K) | (116.5 K) | (150.7 K) | (832.4 K) | (84.8 K) | (278.3 K) | (2.9 M) | (7.9 M) | (22 M) | (22.7 M) | (29.2 M) | (26.3 M) | 45.8 M | (27 M) | 89 M | 102.3 M | 107.4 M |
| ASH | 146.7 M | 26 M | 683 M | 233 M | 309 M | (29 M) | 1000 K | 114 M | 505 M | (508 M) | 220 M | 927 M | 178 M | 169 M | (845 M) | (760.5 M) | (722.5 M) |
| SSRM | (1.1 M) | 80.1 M | 55.3 M | (230 M) | (126.4 M) | (124.3 M) | 65 M | 69.3 M | 6.4 M | 102.8 M | 151.5 M | 368.1 M | 194.1 M | (98 M) | (261.3 M) | (300.5 M) | (285.4 M) |
| FUL | 13.3 M | 125.6 M | 96.8 M | 49.9 M | 86.7 M | 124.1 M | 58.2 M | 171.2 M | 130.8 M | 123.7 M | 161.4 M | 180.3 M | 144.9 M | 130.3 M | 152 M | 174.8 M | 183.5 M |
Celanese and related stocks such as Balchem, Sensient Technologies, and Cabot Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Celanese financial statement analysis. It represents the amount of money remaining after all of Celanese operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Celanese Competitive Analysis
The better you understand Celanese competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Celanese's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Celanese's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Celanese Competition Performance Charts
Five steps to successful analysis of Celanese Competition
Celanese's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Celanese in relation to its competition. Celanese's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Celanese in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Celanese's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Celanese, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Celanese Correlation with its peers. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Will Specialty Chemicals sector continue expanding? Could Celanese diversify its offerings? Factors like these will boost the valuation of Celanese. Projected growth potential of Celanese fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Celanese data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.282 | Dividend Share 0.79 | Earnings Share (28.07) | Revenue Per Share | Quarterly Revenue Growth (0.09) |
Investors evaluate Celanese using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Celanese's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Celanese's market price to deviate significantly from intrinsic value.
It's important to distinguish between Celanese's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Celanese should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Celanese's market price signifies the transaction level at which participants voluntarily complete trades.